Elizabeth A. Levy-Navarro - 31 Dec 2021 Form 5 Insider Report for Eastside Distilling, Inc. (BLNE)

Role
Director
Signature
/s/ Elizabeth A. Levy-Navarro
Issuer symbol
BLNE
Transactions as of
31 Dec 2021
Net transactions value
-$32,364
Form type
5
Filing time
14 Feb 2022, 20:52:56 UTC
Previous filing
15 Nov 2021
Next filing
04 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAST Common Stock Sale $21,302 -9,908 -36% $2.15 17,681 18 Nov 2021 Direct
transaction EAST Common Stock Sale $11,062 -5,884 -25% $1.88 17,681 30 Nov 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding EAST Restricted Stock Units $4,150 31 Dec 2021 Common Stock $4,150 Direct F1, F2
holding EAST Stock Option 5,000 31 Dec 2021 Common Stock 19,500,000 $1.90 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents the right to receive shares of common stock upon settlement for no consideration.
F2 On March 22, 2021, the Issuer's Board of Directors awarded the reporting person $16,600 in value of RSUs, 1/4 of which will be earned and vested on each of June 30, 2021, September 30, 2021, December 31, 2021, and March 31, 2022, if the reporting person remains employed on the applicable quarterly vesting date.